Grey Dam Nickel Sulphide Project & Barracuda PGE Ni-Cu Project slide image

Grey Dam Nickel Sulphide Project & Barracuda PGE Ni-Cu Project

Ora Banda South Gold Project(¹) Ora Banda South high-grade gold target • • • 8km south of the Ora Banda Mining Centre and 65km NW of Kalgoorlie 15km of strike along the Carnage shear that defines the Kurrawang Conglomerate and Black Flag Group contact Analogous to the +2.5Moz Invincible Gold Mine, discovered by Goldfields Ltd near Kambalda 4km and 1.2km long auger gold anomalies in the southern portion of the tenement package Significant shallow bedrock gold results from limited aircore and RAB drilling completed by previous explorers include: - 14m @ 0.79g/t from 73m and 2m @ 1.56g/t from 90m to EOH in OBAC033 ― 5m @ 2.29g/t from 116m to EOH in KWAC055 Systematic exploration program planned including soil sampling and aircore drilling 6640000 6625000 6630000 6635000 Aan New Mexico D NAGE 1. For details refer to Carnavale ASX release "Carnavale bolsters Gold Portfolio with new acquisition - Ora Banda South" dated 5 October 2020 Brown 305000 Ash Cze Leo D B Country D Abp Oloughin Dam Ad C 310000 315000 Auk C Abmo Czc Aax Aoga Czc Ora Banda Aan Aog Rm Czc Akc 3 Auk 305000 310000 Aks Cz C Czc SELLING DISTRICT Czc Sephant D carnavale resources ltd 320000 Gold Deposits (Moz Au) ° 0-0.25 0.25-0.5 0.5-1.0 1.0-2.0 2.0-5.0 Cashmans-Ca Enterprise 6640000 6635000 5.0 10.0 >10.0 Moz Au Au ppm BDL 0 to 5 ppb 5 to 10 ppb 10 to 25 ppb • 25 to 50 ppb 50 ppb to 0.1 g/t ⚫ 0.1 to 0.3 g/t 0.3 to 0.7 g/t 0.7 to 1.0 g/t 1.0 to 3.0 g/t >3.0 g/t Aon AN Czc Farty Two Mile 315000 320000 6630000 6625000 11
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